Zurn Elkay Water Stock Short Ratio

ZWS Stock  USD 34.01  0.61  1.83%   
Zurn Elkay Water fundamentals help investors to digest information that contributes to Zurn Elkay's financial success or failures. It also enables traders to predict the movement of Zurn Stock. The fundamental analysis module provides a way to measure Zurn Elkay's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zurn Elkay stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Zurn Elkay Water Company Short Ratio Analysis

Zurn Elkay's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

 = 

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Zurn Elkay Short Ratio

    
  4.41 X  
Most of Zurn Elkay's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Zurn Elkay Water is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Zurn Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Zurn Elkay is extremely important. It helps to project a fair market value of Zurn Stock properly, considering its historical fundamentals such as Short Ratio. Since Zurn Elkay's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zurn Elkay's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zurn Elkay's interrelated accounts and indicators.
0.260.590.360.790.820.950.190.370.680.240.00.420.320.31-0.10.290.48-0.320.330.10.32-0.21
0.26-0.46-0.29-0.04-0.270.020.190.6-0.260.690.24-0.14-0.58-0.550.6-0.57-0.140.6-0.170.16-0.070.67
0.59-0.460.310.830.890.74-0.360.180.91-0.29-0.210.660.640.63-0.460.590.35-0.590.6-0.030.48-0.59
0.36-0.290.310.260.470.410.29-0.570.4-0.71-0.350.540.860.86-0.760.740.92-0.90.410.190.46-0.82
0.79-0.040.830.260.80.85-0.370.360.930.06-0.10.690.40.38-0.240.350.25-0.430.590.140.56-0.39
0.82-0.270.890.470.80.920.060.110.86-0.18-0.190.50.640.64-0.50.570.55-0.620.4-0.010.33-0.57
0.950.020.740.410.850.920.080.240.820.08-0.10.50.480.47-0.30.440.48-0.480.380.060.35-0.4
0.190.19-0.360.29-0.370.060.08-0.35-0.350.04-0.01-0.550.00.03-0.12-0.070.4-0.03-0.59-0.07-0.520.02
0.370.60.18-0.570.360.110.24-0.350.160.680.330.15-0.43-0.430.66-0.37-0.330.560.23-0.040.140.6
0.68-0.260.910.40.930.860.82-0.350.16-0.21-0.130.710.60.58-0.50.520.37-0.610.580.10.54-0.6
0.240.69-0.29-0.710.06-0.180.080.040.68-0.210.39-0.41-0.81-0.810.83-0.69-0.610.79-0.36-0.03-0.330.83
0.00.24-0.21-0.35-0.1-0.19-0.1-0.010.33-0.130.39-0.22-0.36-0.380.42-0.3-0.280.4-0.08-0.08-0.130.41
0.42-0.140.660.540.690.50.5-0.550.150.71-0.41-0.220.680.66-0.350.650.5-0.630.950.20.89-0.55
0.32-0.580.640.860.40.640.480.0-0.430.6-0.81-0.360.681.0-0.810.910.82-0.960.60.070.54-0.91
0.31-0.550.630.860.380.640.470.03-0.430.58-0.81-0.380.661.0-0.820.90.84-0.950.580.060.51-0.9
-0.10.6-0.46-0.76-0.24-0.5-0.3-0.120.66-0.50.830.42-0.35-0.81-0.82-0.66-0.630.85-0.17-0.07-0.20.93
0.29-0.570.590.740.350.570.44-0.07-0.370.52-0.69-0.30.650.910.9-0.660.73-0.830.640.310.65-0.76
0.48-0.140.350.920.250.550.480.4-0.330.37-0.61-0.280.50.820.84-0.630.73-0.780.430.210.46-0.66
-0.320.6-0.59-0.9-0.43-0.62-0.48-0.030.56-0.610.790.4-0.63-0.96-0.950.85-0.83-0.78-0.52-0.04-0.480.96
0.33-0.170.60.410.590.40.38-0.590.230.58-0.36-0.080.950.60.58-0.170.640.43-0.520.20.91-0.41
0.10.16-0.030.190.14-0.010.06-0.07-0.040.1-0.03-0.080.20.070.06-0.070.310.21-0.040.20.570.02
0.32-0.070.480.460.560.330.35-0.520.140.54-0.33-0.130.890.540.51-0.20.650.46-0.480.910.57-0.36
-0.210.67-0.59-0.82-0.39-0.57-0.40.020.6-0.60.830.41-0.55-0.91-0.90.93-0.76-0.660.96-0.410.02-0.36
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition

Zurn Discontinued Operations

Discontinued Operations

5.68 Million

At this time, Zurn Elkay's Discontinued Operations is comparatively stable compared to the past year.
Based on the latest financial disclosure, Zurn Elkay Water has a Short Ratio of 4.41 times. This is 15.84% lower than that of the Building Products sector and 38.75% lower than that of the Industrials industry. The short ratio for all United States stocks is 10.25% lower than that of the firm.

Zurn Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zurn Elkay's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zurn Elkay could also be used in its relative valuation, which is a method of valuing Zurn Elkay by comparing valuation metrics of similar companies.
Zurn Elkay is currently under evaluation in short ratio category among its peers.

Zurn Elkay ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zurn Elkay's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zurn Elkay's managers, analysts, and investors.
Environmental
Governance
Social

Zurn Elkay Institutional Holders

Institutional Holdings refers to the ownership stake in Zurn Elkay that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Zurn Elkay's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Zurn Elkay's value.
Shares
Beck, Mack & Oliver Llc2024-12-31
3.5 M
Geode Capital Management, Llc2024-12-31
3.2 M
Principal Financial Group Inc2024-12-31
2.4 M
Crescent Grove Advisors, Llc2024-12-31
2.4 M
Wells Fargo & Co2024-12-31
2.4 M
Dimensional Fund Advisors, Inc.2024-12-31
2.2 M
Brown Advisory Holdings Inc2024-12-31
1.9 M
Jpmorgan Chase & Co2024-12-31
1.9 M
Charles Schwab Investment Management Inc2024-12-31
1.9 M
Blackrock Inc2024-12-31
25.5 M
Vanguard Group Inc2024-12-31
15.5 M

Zurn Fundamentals

About Zurn Elkay Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zurn Elkay Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zurn Elkay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zurn Elkay Water based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Zurn Stock Analysis

When running Zurn Elkay's price analysis, check to measure Zurn Elkay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.